Nothing unusual in the recent SP. The floor is false and is made up of one of two groups: 1. Holders (who don't want the price to drop too far) or 2. Future Investors who want to get in cheap, (who can pull the plug at their choosing to buy at cheap). Both groups are not intending to buy at-market regardless. I'd also expect the majority of ''Bids' are the same individuals as the 'Sells'.
Why it doesn't' bother me: Look at the long-term trend. It still falls within the norm (1.0-1.5c). Until we hear news I wouldn't expect significant change.
CUF has money in the bank, is drilling for something special, and meanwhile its exporting. Iron Ore price is hovering $110.
May I suggest that before you bite off one some off the toxic comments on these threads, take a look at the individual's past post history. It will speak loads to the value of their comments.
CUF - SP Discussion, page-308
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CUF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $16.02M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $37.16K | 3.087M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 6395295 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 2208525 | 4 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| CUF (ASX) Chart |